Recent Studies

A recent study over binary options as part of preparation for a series 7 test have shown me how common procedures on things such as cars and homes apply everywhere. Options work as a down payment does. You buy a future of a stock for a smaller amount with lower risk and less up front money, as if you wished to purchase a 15,000 dollar car but only had 3,000, you would put that down and pay over a period until a set end date or "expiration date" in which you could then pay the remainder or sell it to someone else who wishes to do so. Its funny how these processes come in so many forms. However, just how an option may be exercised because of tax implications, you can still not be approved for a car even if you can cover the down payment based off credit scores. No matter how much society continues to progress in it's continual advancement of more efficient ways of doing things, these age old procedures will still be in place.